401(k) · DOL Form 5500 · 2022

Manufacturers Bank Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$19M
Total assets
119
Participants
63th
Percentile by assets

Sponsored by Manufacturers Bank & Trust Company · Iowa · Finance & Insurance

What the 2022 filing shows

Manufacturers Bank Retirement Plan holds $19M for 119 participants - about $162,816 per participant, above the median plan by assets, down 13.9% over the 2022 plan year.

$19M
total plan assets (2022 EOY)
119
covered participants
63th
percentile by assets (of 84,055 plans)
$162,816
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$19M
Participants
119
State
Industry
Finance & Insurance

What the Filing Says About Manufacturers Bank Retirement Plan

Manufacturers Bank Retirement Plan is a 401(k) retirement plan sponsored by Manufacturers Bank & Trust Company, headquartered in Iowa. As of the 2022 Form 5500 filing, the plan reports $19M in total end-of-year assets and covers 119 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 420627479, and the plan has been effective since 1971-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2022 to $19M at year-end - a decline of 13.9%. Net assets (after liabilities) closed the year at $19M, with reported net income of $-3,134,710 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$23M
Total Assets (End of Year)$19M
Net Assets (End of Year)$19M
Net Income$-3,134,710
Plan Type401(k)
Employer EIN420627479
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Manufacturers Bank & Trust Company)

Year Plans Participants Total Assets
2022 1 119 $19M
2023 1 130 $22M
2024 1 122 $24M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Manufacturers Bank Retirement Plan?
As of the 2022 Form 5500 filing, Manufacturers Bank Retirement Plan holds $19M in total assets with 119 participants. It is sponsored by Manufacturers Bank & Trust Company.
What type of plan is Manufacturers Bank Retirement Plan?
Manufacturers Bank Retirement Plan is a 401(k) plan. It has been effective since 1971-01-01. The plan is filed with the U.S. Department of Labor under EIN 420627479.
Who sponsors the Manufacturers Bank Retirement Plan?
Manufacturers Bank Retirement Plan is sponsored by Manufacturers Bank & Trust Company, located in Iowa. The sponsor's EIN is 420627479 and the plan operates in the Finance & Insurance industry.
How did Manufacturers Bank Retirement Plan perform in 2022?
Manufacturers Bank Retirement Plan declined by 13.9% during 2022, moving from $23M to $19M in total assets. Net income was $-3,134,710.
Where can I find official filings for Manufacturers Bank Retirement Plan?
Official Form 5500 filings for Manufacturers Bank Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 420627479 or plan name at efast.dol.gov.
How does Manufacturers Bank Retirement Plan compare to other plans?
You can compare Manufacturers Bank Retirement Plan against other 401(k) plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420627479.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.